Question

In pension plans for employees, the special account through which the funds are remained nontaxable until the employee retires is classified as

a.

Keogh retirement account

b.

vesting account

c.

portability account

d.

individual retirement account

Answer: (d).individual retirement account

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Q. In pension plans for employees, the special account through which the funds are remained nontaxable until the employee retires is classified as

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